France unveils plans for financial markets super-regulator

By

Janet Lewis

January 6, 2003 5:00 p.m. GMT

The French government has released details of long-awaited legislation to reform regulation of the country's financial markets.

The proposal, in preparation since 2000, will create a new super-regulator in France, the Autorité des Marchés Financiers (AMF). It will combine the Commission des Opérations de Bourse and the Conseil des Marchés Financiers.